Bray Wanderers chairman Denis O’Connor went public on the club’s financial struggles last week

Chairman Denis O’Connor subsequently told the players that, despite the sale of Dylan Connolly to the Lilywhites for €40,000, they had money to cover only the following week’s wages.

That prompted players to look elsewhere, in the belief they could leave on free transfers, only for O’Connor to claim that the club was merely open to offers for them.

Now, the club has claimed in a statement it has secured funding to fill the void left by Gerry Mulvey’s decision to stop pumping money in.

The statement read: “The Club are pleased to announce that within the past week funding has been organised to fulfil the remainder of this season and into 2018.

“We regret the unease caused by our honesty and the concern it caused to our fans/players/coaches/our fellow Clubs in The League of Ireland and their fans/FAI and the greater football community including St Joseph’s Boys plus the Wicklow Leagues.

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Kenny’s squad were due to meet with the PFA Ireland at 5pm to discuss the assurances given by the Club but, for now, it appears any departures from the Carlisle Grounds are unlikely.

In a statement, the FAI said: “The Football Association of Ireland is encouraged that Bray Wanderers FC have declared that they have received the necessary funding to complete the 2017 SSE Airtricity League season.

“The club will now be required to provide the Independent Licensing Committee with confirmation as to their current financial status and adhere to the protocol set down by the Committee in relation to maintaining a Licence for the current season.”